Friday, April 8, 2016

LAT: For just $309, you too can hide your assets — in the U.S.

LA TIMES

The website for Corporation Makers promises that owning a business can remain “your deep dark secret.”
“Do you wish to own land or other assets without anyone becoming aware of it?” it advertises.
Not a problem. All for as little as $309.
The pitch doesn’t rely on the loose rules of well-known offshore havens such as the Cayman Islands. It’s about Nevada.
Nevada is among a handful of U.S. states with liberal incorporation laws that offer many of the same benefits that have drawn business tycoons, politicians and money launderers from around the world to hide their wealth in exotic locales — a secret economy revealed this week in a series of reports based on leaked documents from a Panamanian law firm.

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